Re:Investors bought a quarter of US homes sold last year
by quantified on Wednesday August 24, 2022 @03:27PM
(#32584530)
The real wealth building doesn't come within a generation from asset appreciation. That's just speculation, the market can screw you.
But once it's paid for, it's paid for. Now you just need maintenance and taxes, easier on a fixed income. And it's easier to build intergenerational wealth if one of your children doesn't need to blow money at all on rent or home purchase.
But once it's paid for, it's paid for. Now you just need maintenance and taxes, easier on a fixed income. And it's easier to build intergenerational wealth if one of your children doesn't need to blow money at all on rent or home purchase.